Where to Find Platinum Wire in Strange Places
Platinum wire is durable, flexible, and tarnish-resistant. That explains why it often turns up in unusual places like these…
Platinum wire scrap sent in by customers. Platinum Wire is a very profitable type of scrap Specialty Metals Smelters and Refiners can recycle for you or your company.
In a junk shop, a man found a handmade decorative knife that looked like it had been made by a hobbyist. He bought it for $12.00. It had a hand-ground steel blade and a handle made of ebony wrapped with bright shiny wire - platinum wire! That platinum, which he could easily have overlooked because it looked like silver, was worth more than $400 at current trading prices. That was a handsome profit.
In a junkyard, a man who was removing a catalytic converter from an old car noticed a crude patch that had been made to repair a crack in an exhaust pipe. Someone had placed a steel plate over the hole and secured it with wrappings of wire made from – you guessed it – platinum. Whoever made the repair could have used lots of other kinds of wire to complete the repair. Apparently, he or she used platinum wire because it happened to be handy. It fetched more than $40.
While cleaning out an old jewelry factory, a man found old rolls of wire that had been used in either the manufacturing or repair of jewelry. It didn’t look too remarkable – he thought it might have been silver. But when he sent a sample to Specialty Metals Smelters and Refiners, a quick test confirmed that it was platinum. It brought the man more than $1,000. A lot of money.
The Lesson…
Platinum wire can turn up just about anywhere where platinum was used in manufacturing. Even though it doesn’t look valuable to the casual observer, it could be. So, if you find bright, shiny white wire, be sure to call us at 800-426-2344. We will test it in our state-of-the-art facilities, let you know the value, and issue your payment promptly.
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